HydrogenOne Capital Growth plc’s £10 Million Investment in HiiROC Limited

In UK Gowling WLG, advised on the matter.

Gowling WLG advised HydrogenOne Capital with a team including Gareth Baker (Picture – Corporate M&A), Luke Kempton (IP&IT).

HydrogenOne Capital Growth made a £10 million investment in HiiROC Limited (“HiiROC”), a supplier of clean hydrogen production technology.

HiiROC’s technology converts biomethane or natural gas into clean hydrogen and carbon black, through a proprietary electrolysis process using thermal plasma. This results in zero CO2 hydrogen production, known as ‘turquoise hydrogen’. 

Principal associate Stephen Bowman led the Gowling WLG team to advise HydrogenOne on these investments, working with corporate energy partner and co-leader of the firm’s Hydrogen Group, Gareth Baker (Picture), Hannah Gough (associate, corporate), Luke Kempton (partner, IP), Mathilda Davidson (director, IP) and Catherine Haworth (associate, IP).

Involved fees earner: Gareth Baker – Gowling WLG; Stephen Bowman – Gowling WLG; Mathilda Davidson – Gowling WLG; Catherine Haworth – Gowling WLG; Luke Kempton – Gowling WLG;

Law Firms: Gowling WLG;

Clients: HydrogenOne Capital;

Author: Giulia Di Palma